32 Topsfield Parade Tottenham Lane, Crouch End, London, N8 8PT

Guide Price £400,000 PLUS *

Thu Jul 10 2025

11:00am

To be auctioned in :

15
Days
19
Hours
27
Mins
33
Secs

Property Description

A mid terrace property comprising a ground floor shop with 3 self-contained flats above all sold off on long leases. Located in a popular mixed commercial/residential area the north side of Topsfield Parade (A103) and is approximately 0.6 miles away from Hornsey Road (Overground Station) and 1.2 miles away from Highgate underground station (Northern Line). The property is very close to amenities ranging from restaurants, to cafes, banks and local independent stores.

Freehold

Ground Floor Shop: 1,193 sq ft (110 sq m)

Ground Floor: Let on a repairing and insuring lease to Marie Curie - 10 years from December 2018 at £40,000 p.a. Rent review after 5 years (December 2023). We understand that Marie Curie have been trading from the property for 35 plus years.

3 Flats: 2 of the flats are on a 125 year lease from 1989 with ground rent increases every 30 years (Currently at £200 p.a).
The other first floor flat is on a 210 year lease from 1989 with a peppercorn ground rent.

EQUIVALENT TO £40,400 p.a. (Includeds ground rent for 2 of the 3 upper apartments)

Auction Surveyor: Michael Mercer
020 8509 4406 michael.mercer@strettons.co.uk

Joint Auctioneer:

Phillips Estates Tel: 020 7241 0292 Ref: Ian Aarons

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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32 Topsfield Parade Tottenham Lane, Crouch End, London, N8 8PT

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Michael Mercer

07792 992 028

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